Today, a U.S. Senate committee overseeing commerce and technology asked Icann and other stakeholders – “what is the hurry?”
Icann told the senators they are moving ahead with the introduction of the new gtld. Icann has already held hearings and published the guide books covering the new gtld. It was very obvious that Icann is not answerable to the U.S. Congress.
Representatives from the Association of National Advertisers (ANA), YMCA and other associations explained it will cost the firms they represent millions in unnecessary domain registrations and renewals to prevent cybersquatting. And, the domains will not be beneficial to them.
More information about today’s U.S. Senate hearing can be seen at Clickz.